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MoneyWorks4Me

L&T becomes Mindtree's promoter with 60.06% stake

04 Jul 2019 Evaluate

Larsen & Toubro (L&T) has acquired equity shares to an extent 60.06 per cent of the total shareholding of the Mindtree and has acquired control and is categorised as promoter pursuant to Sebi. The company held 9.87 crore equity shares in Mindtree as on July 2 following its recently-concluded open offer.

Mindtree delivers digital transformation and technology services from ideation to execution, enabling Global 2000 clients to outperform the competition.


Peers
Company Name CMP
TCS 2495.10
Infosys 1172.00
HCL Technologies 1443.00
Wipro 197.70
Tech Mahindra 1832.00
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